May 22, 2005

Diocese auctions properties to raise money for sex abuse settlements

Fox 11

Eyewitness 4

The Catholic Diocese of Tucson sold off more than 60 properties on Saturday, raising millions of dollars to settle sexual abuse claims.

The bidding was fast and furious, and investors like Chris Dougherty were looking to buy low and sell high.

"Some of these properties are very good," he said.

Pima County Representatives bid on an archeological site up on the auction block just so no one else would build on it.

"We're interested in preserving it," said Christine Curtis of Pima County Real Properties. "We had some money from a bond election in May 2004 to help us acquire it."

Posted by kshaw at May 22, 2005 07:51 AM